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Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed

nytimes.com

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The Treasury secretary blamed the department for not sanctioning the Singaporean firm and said that Nvidia employees should be held accountable if they sidestepped the law.

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scmp.com

No actors, no crew, no ticket sales: ‘So obviously AI’ film flops at China’s box office

China has ushered artificial intelligence into its cinemas, but the country’s first fully AI-generated feature film has flopped at the box office. Made with no human actors or camera crew, Sanxingdui: Future Past brought in just around 1.8 million yuan (US$270,000) after three weeks in theatres, according to Chinese box office data tracker Beacon Pro. The fi…

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news.bitcoin.com

What Nvidia’s CEO Ouster and Bitcoin Have in Common

Speculation is mounting that Nvidia CEO Jensen Huang was forced out after the co-founder of the multitrillion-dollar company began advocating for open-source AI models. While these theories remain unconfirmed, they also draw parallels with Bitcoin’s own fight over open-source development. Although Huang announced his resignation, an undisclosed person famili…

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news.bitcoin.com

Cobra Warns AI Threatens Bitcoin Self-Custody as Winter Looms

The pseudonymous owner and maintainer of the bitcoin.org domain stated he had never seen bitcoiners so demoralized, highlighting that the recent bear market was brutal. Cobra pointed out several tailwinds for bitcoin’s future, stressing that owning bitcoin is extremely risky right now. Bitcoin.org Steward Cobra Highlights Tailwinds for Bitcoin in the Short T…

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